document.write( "Question 866290: Wilma wants to withdraw $500 every month for three years. What amount must be deposited now into an ordinary annuity if it earns 6% compounded monthly? \n" ); document.write( "
Algebra.Com's Answer #522162 by josgarithmetic(39620)\"\" \"About 
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This equation is based on taking 500 dollars in interest every month at annual rate of interest r with balance in the annuity, B. \"B%2A%28r%2F12%29=500\"
\n" ); document.write( "\"B=500%2A12%2Fr\"
\n" ); document.write( "\"B=500%2A12%2F0.06\"
\n" ); document.write( "\"highlight%28B=100000%29\" dollars
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